In the 10 years since the mortgage crisis, a growing number of U.S. renters are struggling to become owners, due to surging costs, rising home values and more. Source: Florida Realtors
Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]
Some Highlights: According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007. April marked the 54th consecutive month of year-over-year declines in foreclosure inventory. Only 3% of homes in the United States are in serious delinquency. More and more homeowners […]
Tampa is # 7: Top 10 American Cities for Dogs (and the People Who Love Them) by Yuqing Pan
photo courtesy of Inti St Clair/Getty Images Great Article Found on Realtor.com: TAMPA, FL is #7 Quick quiz: Do you… A. Actually enjoy being woken up each morning with a wet nose in your face? B. Feel unashamed to dress your pet like a Victorian child, push him around town in a high-end stroller, and talk to him in […]
What’s Happening in the Real Estate Market?
This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors. Here are […]
Can anything be done about higher insurance costs?
Homeowners’ attorneys, water restoration companies, insurance agents and public adjusters met yesterday to discuss the rising cost of Fla. property insurance. Leaders hope the discussion’s reasonable tone leads to some kind of consensus. Source: Florida Realtors
Here Comes the Housing Inventory!!
Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand. DEMAND Demand for single-family housing has continued to increase […]
Technology: Realtors’ top five complaints
What tech issues stress agents the most? Florida Realtors Tech Helpline put together the top five. Leading the list? A computer that’s too slow followed by viruses, malware and adware. Source: Florida Realtors
US Housing Market Swings in Favor of Homeownership
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.” The BH&J Index is a quarterly report that attempts […]
71% of student loan debtors say it delays ownership
According to an NAR survey designed to gauge severity of the problem, half of those debtors think the delay will be at least five years, says VP Sherri Meadows. Source: Florida Realtors
Harvard: 5 Reasons Why Owning A Home Makes Sense Financially
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS) at Harvard University. He authored a paper on homeownership titled – The Dream […]
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